NYSE:EGP - EastGroup Properties Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $153.44
  • Forecasted Upside: -6.43 %
  • Number of Analysts: 9
  • Breakdown:
  • 0 Sell Ratings
  • 8 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$163.99
▼ -4.67 (-2.77%)
1 month | 3 months | 12 months
Get New EastGroup Properties Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for EGP and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for EGP

Average Price Target: $153.44
▼ -6.43% Downside Potential
This price target is based on 9 analysts offering 12 month price targets for EastGroup Properties in the last 3 months. The average price target is $153.44, with a high forecast of $168.00 and a low forecast of $139.00. The average price target represents a -6.43% upside from the last price of $163.99.

Hold

The current consensus among 9 contributing investment analysts is to hold stock in EastGroup Properties. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
12/26/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
3/25/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 0 sell ratings
6/23/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 6 hold ratings
  • 0 sell ratings
9/21/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 7 hold ratings
  • 0 sell ratings
12/20/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 0 sell ratings
3/20/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 7 hold ratings
  • 0 sell ratings
5/19/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 8 hold ratings
  • 0 sell ratings
6/18/2021

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 8 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
6/7/2021Wells Fargo & CompanyBoost Price TargetEqual Weight$148.00 ➝ $168.00Medium
6/1/2021Royal Bank of CanadaBoost Price TargetSector Perform$144.00 ➝ $163.00Medium
5/20/2021Morgan StanleyBoost Price TargetEqual Weight$144.00 ➝ $153.00Medium
5/17/2021Truist SecuritiesBoost Price TargetHold$145.00 ➝ $152.00Low
5/17/2021TruistBoost Price TargetHold$145.00 ➝ $152.00Low
4/21/2021MizuhoBoost Price TargetNeutral$145.00 ➝ $150.00Low
4/16/2021BTIG ResearchBoost Price TargetTop Pick ➝ Buy$158.00 ➝ $164.00Low
3/31/2021Wells Fargo & CompanyBoost Price TargetEqual Weight$138.00 ➝ $148.00Medium
1/21/2021BTIG ResearchUpgradeNeutral ➝ Buy$158.00Medium
11/16/2020MizuhoBoost Price TargetNeutral$138.00 ➝ $145.00Low
9/22/2020Robert W. BairdInitiated CoverageNeutral$140.00Medium
8/13/2020CitigroupBoost Price TargetNeutral$115.00 ➝ $139.00Low
8/11/2020Morgan StanleyBoost Price TargetEqual Weight$120.00 ➝ $144.00High
8/4/2020MizuhoBoost Price TargetMarket Perform ➝ Neutral$105.00 ➝ $138.00Low
5/8/2020Royal Bank of CanadaBoost Price TargetSector Perform$102.00 ➝ $108.00Low
4/14/2020Piper SandlerLower Price TargetOverweight$150.00 ➝ $130.00High
4/7/2020CitigroupLower Price TargetNeutral$133.00 ➝ $98.00Medium
3/27/2020Royal Bank of CanadaInitiated CoverageSector Perform$102.00Medium
3/10/2020Morgan StanleyLower Price TargetEqual Weight$130.00 ➝ $120.00High
2/18/2020SunTrust BanksBoost Price TargetHold$125.00 ➝ $135.00Low
2/7/2020Evercore ISIInitiated CoverageHold$128.00Low
12/10/2019Morgan StanleyBoost Price TargetEqual Weight$120.00 ➝ $130.00Low
10/25/2019Stifel NicolausSet Price TargetBuy$145.00N/A
10/7/2019Morgan StanleyBoost Price TargetEqual Weight$110.00 ➝ $120.00High
9/23/2019CitigroupBoost Price TargetNeutral$109.00 ➝ $129.00Low
8/13/2019SunTrust BanksBoost Price TargetHold$105.00 ➝ $115.00Low
6/3/2019Morgan StanleyBoost Price TargetEqual Weight$105.00 ➝ $110.00Low
2/19/2019SunTrust BanksBoost Price TargetHold ➝ Hold$92.00 ➝ $98.00Low
12/17/2018Morgan StanleyBoost Price TargetEqual Weight ➝ Equal Weight$90.00 ➝ $97.00High
12/9/2018Jefferies Financial GroupInitiated CoverageHold$99.00 ➝ $100.23Low
11/30/2018Jefferies Financial GroupInitiated CoverageHold ➝ Hold$99.00Low
10/30/2018CitigroupBoost Price TargetNeutral ➝ Neutral$90.00 ➝ $94.00Low
10/23/2018SunTrust BanksSet Price TargetHold$92.00Low
7/30/2018Wells Fargo & CompanyBoost Price TargetMarket Perform ➝ Market Perform$96.00 ➝ $98.00Low
7/30/2018MizuhoReiterated RatingHold$92.00Low
7/25/2018CitigroupBoost Price TargetNeutral ➝ Neutral$87.00 ➝ $90.00Medium
7/23/2018Sandler O'NeillSet Price TargetBuy$105.00Low
7/16/2018Bank of AmericaBoost Price TargetBuy ➝ Buy$100.00 ➝ $103.00Medium
5/31/2018Stifel NicolausUpgradeHold ➝ Buy$93.00 ➝ $103.00Medium
2/7/2018Sandler O'NeillReiterated RatingBuy$95.00Medium
2/4/2018MizuhoReiterated RatingHold$90.00High
1/22/2018SunTrust BanksUpgradeSell ➝ HoldHigh
12/14/2017Morgan StanleyReiterated RatingEqual Weight$82.00Low
11/6/2017Bank of AmericaBoost Price TargetBuy$100.00 ➝ $103.00N/A
10/30/2017CitigroupBoost Price TargetNeutral$84.00 ➝ $87.00N/A
10/29/2017SunTrust BanksSet Price TargetSell$85.00N/A
10/23/2017Cantor FitzgeraldBoost Price TargetNeutral$79.00 ➝ $84.00N/A
10/23/2017MizuhoDowngradeBuy ➝ NeutralN/A
10/20/2017DA DavidsonSet Price TargetHold$100.00N/A
10/20/2017Cantor FitzgeraldReiterated RatingHold$79.00N/A
9/24/2017KeyCorpReiterated RatingHoldLow
9/5/2017Sandler O'NeillUpgradeHold ➝ Buy$90.00 ➝ $104.00Low
8/25/2017KeyCorpReiterated RatingHold ➝ NeutralLow
8/16/2017Bank of AmericaUpgradeNeutral ➝ Buy$91.00 ➝ $96.00Low
7/28/2017Stifel NicolausReiterated RatingHold$85.00Low
7/25/2017Cantor FitzgeraldReiterated RatingHold$75.00High
4/24/2017MizuhoBoost Price TargetBuy$80.00 ➝ $88.00Low
4/24/2017Stifel NicolausBoost Price TargetHold$73.00 ➝ $78.00Low
4/23/2017Evercore ISIReiterated RatingUnderperform$69.00 ➝ $73.00Low
4/12/2017Morgan StanleyUpgradeUnderweight ➝ Equal Weight$76.00Low
3/22/2017BMO Capital MarketsReiterated RatingHold$70.00Low
3/7/2017Cantor FitzgeraldReiterated RatingNeutral$70.00N/A
2/8/2017Cantor FitzgeraldReiterated RatingHold$70.00N/A
1/9/2017Raymond JamesReiterated RatingOutperform ➝ Market PerformN/A
12/23/2016MizuhoReiterated RatingBuyN/A
12/13/2016CitigroupDowngradeBuy ➝ Neutral$73.00N/A
10/21/2016Cantor FitzgeraldUpgradeSell ➝ Hold$63.00 ➝ $71.00N/A
9/28/2016MizuhoInitiated CoverageBuy$83.00N/A
9/6/2016Morgan StanleyInitiated CoverageUnderweight$65.00N/A
8/25/2016BTIG ResearchInitiated CoverageNeutralN/A
7/28/2016BMO Capital MarketsReiterated RatingHold$70.00N/A
7/22/2016Sandler O'NeillDowngradeBuy ➝ HoldN/A
7/22/2016Stifel NicolausDowngradeBuy ➝ HoldN/A
7/7/2016CitigroupBoost Price TargetBuy$67.00 ➝ $78.00N/A
(Data available from 6/18/2016 forward)
EastGroup Properties logo
EastGroup Properties, Inc. (NYSE: EGP), an S&P MidCap 400 company, is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina. The Company's goal is to maximize shareholder value by being a leading provider in its markets of functional, flexible and quality business distribution space for location sensitive customers (primarily in the 15,000 to 70,000 square foot range). The Company's strategy for growth is based on ownership of premier distribution facilities generally clustered near major transportation features in supply-constrained submarkets. EastGroup's portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 45.8 million square feet.
Read More

Today's Range

Now: $163.99
Low: $163.81
High: $168.85

50 Day Range

MA: $157.71
Low: $148.54
High: $170.97

52 Week Range

Now: $163.99
Low: $113.47
High: $171.42

Volume

385,952 shs

Average Volume

176,829 shs

Market Capitalization

$6.56 billion

P/E Ratio

57.54

Dividend Yield

1.87%

Beta

0.71

Frequently Asked Questions

What sell-side analysts currently cover shares of EastGroup Properties?

The following Wall Street sell-side analysts have issued reports on EastGroup Properties in the last twelve months: BTIG Research, Citigroup Inc., Mizuho, Morgan Stanley, Robert W. Baird, Royal Bank of Canada, Truist, Truist Securities, Wells Fargo & Company, and Zacks Investment Research.
View the latest analyst ratings for EGP.

What is the current price target for EastGroup Properties?

9 Wall Street analysts have set twelve-month price targets for EastGroup Properties in the last year. Their average twelve-month price target is $153.44, suggesting a possible downside of 6.4%. Wells Fargo & Company has the highest price target set, predicting EGP will reach $168.00 in the next twelve months. Citigroup Inc. has the lowest price target set, forecasting a price of $139.00 for EastGroup Properties in the next year.
View the latest price targets for EGP.

What is the current consensus analyst rating for EastGroup Properties?

EastGroup Properties currently has 8 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in EGP, but not buy more shares or sell existing shares.
View the latest ratings for EGP.

What other companies compete with EastGroup Properties?

Other companies that are similar to EastGroup Properties include Prologis, First Industrial Realty Trust, STAG Industrial, Terreno Realty and Monmouth Real Estate Investment.

How do I contact EastGroup Properties' investor relations team?

EastGroup Properties' physical mailing address is 400 W PARKWAY PLACE SUITE 100, RIDGELAND MS, 39157. The real estate investment trust's listed phone number is 601-354-3555 and its investor relations email address is [email protected] The official website for EastGroup Properties is www.eastgroup.net.